Category : Finance

Finance Fintech News

Fintech Startup Axle Raises $10 Million Series A Following a Record Year of Growth Servicing the Logistics Industry

Fintech News Desk
by Fintech News Desk0
Axle’s proprietary financial services platform levels the playing field for freight intermediaries in a highly competitive marketplace Axle, an all-in-one financial services platform for the freight and logistics industry, announced that is has completed a $10 million Series A round of funding led by Crosslink Capital. This financing follows a......
Finance News

Press Release Basis today’s Press Conference by IBA and SBI

Fintech News Desk
by Fintech News Desk0
Shri. Dinesh Khara, Chairman, SBI, Shri. Rajkiran Rai, Chairman, IBA and Shri Sunil Mehta, Chief Executive, IBA addressed a joint press conference today to announce the various support measures and launch of new loan products by all Public Sector Banks to mitigate the impact due to resurgence of Covid pandemic. While......
Banking Digital Payments Finance Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Finance Fintech News

Mercantile Bank Corporation Announces Renewal of Stock Repurchase Program

Fintech News Desk
by Fintech News Desk0
Mercantile Bank Corporation announced that its Board of Directors has authorized the renewal of its stock repurchase program. Under this program, Mercantile may repurchase up to $20 million in aggregate value of its shares of Common Stock. “We are pleased to renew our stock repurchase program, which we believe is a valuable......
Finance Fintech News Risk Management

Vesper Finance Teams up with Gauntlet for On-Chain Risk Management

Fintech News Desk
by Fintech News Desk0
Vesper Finance, a leading DeFi ecosystem and growth engine for crypto assets, announced that its community has authorized a strategic collaboration with Gauntlet to maximize efficiency and minimize risk through automated collateral management. Gauntlet’s proposal was approved on May 27 at 3:00 p.m. U.S. Eastern Time. “Collaborating with Gauntlet helps deliver on this goal and......
Banking Digital Payments Finance Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries......
Cryptocurrency Finance News

New Sports-NFT Platform Signs Brazilian Soccer Icon Roberto Carlos and Launches Cryptocurrency Token

Fintech News Desk
by Fintech News Desk0
Moments from the FIFA World Cup-winning player’s career will be available as an NFT by SportsIcon; exclusive token available to the public on 7th June and can be used to purchase NFTs on the platform SportsIcon, a new sports-focused NFT platform, today announced the launch of ICONS, a cryptocurrency token......
Finance Fintech News

SB Financial Group, Inc. Announces Authorization of Share Repurchase Program of up to 750,000 Common Shares

Fintech News Desk
by Fintech News Desk0
SB Financial Group, Inc., a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services, today announced that its board of directors has authorized a share repurchase program through May 31, 2022.  Pursuant to the share repurchase program, the Company is authorized to......
Banking Finance Fintech News

ChoiceOne Bank Announces Succession Plan for CFO Tom Lampen

Fintech News Desk
by Fintech News Desk0
The Board of Directors of ChoiceOne Financial Services, Inc., the parent company of ChoiceOne Bank, today announced that Tom Lampen, Senior Vice President and Chief Financial Officer, has notified the organization of his intention to retire effective on or about December 31, 2021. Upon his retirement, Senior Vice President, Adom J. Greenland, is expected......
Digital Finance News

Lument Provides $25.5 Million Bridge Loan for Acquisition of Jacksonville Multifamily Community

Fintech News Desk
by Fintech News Desk0
Lument recently provided Inman Equities a $25.5 million proprietary bridge loan to facilitate the acquisition and renovation of Canopy Creek Apartments, a 288-unit multifamily community in Jacksonville, Florida. Trey Palmedo, vice president in Lument’s Nashville office, led the transaction. “It was a pleasure to once again work with Inman Equities, a top-notch sponsor on the rise,......
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